text:
There's even a deal on the Steam Deck.
Steam's Massive Spring Sale Ends Soon
PSA: Last chance to grab cheap games and a discounted Steam Deck for Spring.
What Big Games are On Sale?
The Best PC Games
IGN's picks for the 25 best modern PC games to play right now. The PC gaming landscape has shifted in recent years, both in terms of technological …
Follow for More Deals
Your source for the latest deals on stuff you actually want to buy. Switch, Xbox, PlayStation, and PC games and accessories.


text:
All articles by BRAIN Staff
DUXBURY, Mass. (BRAIN) — Bern Unlimited has added Stoner Andrews, Kahl and Partners, and the Tom Kern group to its line-up of outside sales reps.
OLATHE, Kan. (BRAIN) — Garmin reported Wednesday that revenue and margins continued to slide in the third quarter as the strong U.S. dollar undercut growth in unit sales.
CHICAGO (BRAIN) — SRAM has hired Kate Powlison as its new road brand manager. Powlison, currently a senior marketing and communications manager at PeopleForBikes, will start at SRAM in Chicago on Nov. 2.
OSAKA, Japan (BRAIN) — Shimano says its bike and e-bike component sales have been strong globally in the first three quarters of 2015, with double-digit percentage increases in sales despite unfavorable weather in Europe and North America.
SAN DIEGO (BRAIN) — When retailers order Speedplay Zero and Ultra Light Action Pedal Systems they will now be able to choose pedal systems with either the company's new Walkable Cleats or standard cleats.
NEWBURY PARK, Calif. (BRAIN) — Elysa Walk is leaving Giant Bicycle, where she has worked for 11 years and been general manager for seven years, to take a position at Burton Snowboards in Vermont next month.
Walk announced the decision to Giant retailers in a letter emailed Tuesday.
SEATTLE (BRAIN) — Outdoor co-op REI will not open its stores on "Black Friday," Nov. 27 this year. Instead of promoting retail consumption on the day after Thanksgiving, REI is channeling the attention the move is getting toward promoting increased outdoor activity that day.
ALLENTOWN, Pa. (BRAIN) — Bike shop visits by consumers declined 17 percent between 2012 and 2014, according to a new report based on consumer research by the industry consulting group Gluskin Townley.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Organizers have fleshed out the full agenda for next year's IBD Summit, which will be held near Phoenix in January. The event's keynote speaker will be Sam Dantzler, a consultant to the motorcycle industry. Dantzler's presentation will be titled, "Discounts Suck.

domain: news


text:
Growth in timed online auctions continues at thesaleroom.com29 June 2020 Timed online auctions are growing and Berkshire firm Dreweatts is the latest auction house to list its live online and timed sales on its own website and thesaleroom.com.
Dreweatts is the 70th auction house to use a technology supplied by thesaleroom.com’s parent company Auction Technology Group (ATG) to host live and timed sales.
The technology, the GAP (Global Auction Platform) White Label product supplied by ATG, enables auction houses to hold sales on their own site and thesaleroom.com simultaneously.
Jonathan Pratt, managing director of Dreweatts said: “Timed auctions are an important growth area and we are excited about the prospect of increasing the number of our timed sales knowing that we will benefit from the high level of bidders brought to us by thesaleroom.com.
“Our decision to use ATG’s white label was also driven by our desire to simplify our back-end processes. ATG has worked well with our partners to ensure seamless integration.”
As part of the integration, ATG created an archive of over 500 past auctions on the Dreweatts website and thesaleroom.com, and brought in new features to make sign-in seamless from the Dreweatts homepage.
ATG’s GAP White Label was launched in December 2018 to give auctioneers bidding functionality on their website in parallel to listing on ATG’s unrivalled international marketplaces.
Richard Lewis, COO of Auction Technology Group, said, “In March 2006 Dreweatts became the first auctioneer to run a live sale on thesaleroom.com. We are delighted that they are now running timed sales across both their website and thesaleroom.com.”


text:
The American Bankers Association on Tuesday asked the federal agency responsible for developing technical accessibility standards to exclude ATMs and other bank devices from proposed rulemaking for self-service transaction machines, or SSTMs.
Mobile apps and websites have become the first resources that investors consult to review their investments, make transactions and conduct research, with apps particularly popular among younger generations, according to a new survey by J.D. Power.
As the Federal Trade Commission explores a rulemaking to govern the collection of personal data for commercial purposes, it should consider the current landscape of federal and state laws on data security and avoid pursuing regulations that discourage innovation that has benefitted consumers in financial services, the American Bankers Association said Monday in comments filed with the agency.
According to the report, while fintech firms enable new capabilities, they also create new risks related to data privacy and regulatory arbitrage.
The American Bankers Association and three financial industry trade groups on Monday called for the Cybersecurity and Infrastructure Security Agency to prioritize cyber incident reporting requirements that are accessible, functional and simple and to carefully weigh the type and volume of data collected so that it remains useful to prevent systemic vulnerabilities and combat bad actors.
Consumers most commonly reported being victimized by fraud, theft, account hacks and scams.
Ninety-nine percent of consumers rated their bank’s online and mobile app experience as “excellent,” “very good” or “good,” tying a record first set two years ago, according to a new survey commissioned by the American Bankers Association.
Competitive pressures and increased customer expectations are leading drivers of technology investments.
ABA leadership discussed some of the association’s primary advocacy efforts affecting ag lenders and the farmers and ranchers they serve.
Issuing digitized deposits and engaging in stablecoin-related activities fall within the existing legal authority of banks, according to a white paper published today by The Clearing House.


text:
Kenya’s Tanners Association wants the government to remove the 10% export levy imposed on tanned and crust hides and skins. Chairman of the association, Robert Njoka said that the challenges faced by the leather industry would be made easier if the export levy is reduced, since it will help local traders.
Addressing the media in Nairobi, Njoka said he does not want the leather industry to go down since it is one of President Uhuru Kenyatta's “big four” agenda.
"What we produce locally should not have duty so that the market can be good for all traders. Let’s get a balanced market so that we encourage local traders,” Njoka said.
He added that the Kenya Leather Development Council (KLDC) should advise the government on its hides and skins policies, to create a conducive environment for traders to do business.
“If a few amendments are made to the process of implementing of policies, there will be a few challenges, but it should help the government control the smuggling of hides to Nigeria,” he said.


text:
Shares of General Motors Company (NYSE:GM) on Tuesday were advised to buy by Buckingham Research to its client saying that bad news for the automaker has already been priced into the stock.
Analyst Joseph Amaturo wrote: "We believe GM offers a compelling risk/reward ratio over the next six to 12 months," in a note he, set a $35-per-share one-year price target for the company, up about 47 percent from Monday's closing price of $23.80. Shares shot up 50 cents, or 2.1 percent, to $24.30 in premarket trading.
Amaturo wrote that with recovery of the housing industry, sale of pickup trucks should be helped; General Motors should gain significant profit improvement next year as its new full-size pickup trucks go on sale. He also told investors to expect "meaningful" European restructuring announcements in 2013, which will cut future European losses for the company.
General Motors spends $100 billion annually on raw materials which could help the company next year, believes Amaturo. He raised his rating on General Motors stock from "Neutral" to "Buy,"
Will GM Continue To Move Higher? Find Out Here
In the past year, General Motors stocks traded from $18.72 to $27.68. During the summer it bounced around near its lowest point since General Motors initial public stock offering almost two years ago. Though the stock sold for $33, but has been held down by concerns about Europe and the broader economy.
However, U.S. auto sales have remained resilient and are expected to reach more than 14 million this year. That would be up from last year's 12.8 million and the historic low of 10.4 million in 2009. Basically the increase is driven by pent-up demand because cars simply are wearing out and have to be replaced. The average age of a U.S. car and truck is close to 11 years old
"We continue to believe we are in the midst of a multi-year recovery in U.S. light vehicle sales, which should aid GM in regaining U.S. light vehicle market share in 2013 given the company's expected product portfolio," Amaturo wrote. "We expect GM's full-size truck sales volumes to outpace its competitors" because of design and fuel economy improvements, he wrote.
The only caution which Amaturo showed was that while investors are becoming more aware of General Motors huge pension liabilities, they are not fully discounting a drop in profits for General Motors in China and South America, which pose a modest risk to future earnings.
Shares of GM rose 1.60% to $24.18.


text:
From left: Brand Designer James Hilton and Electrologist Angie Quiroz, who owns the business, offer permanent hair removal at Beauty & Confidence Electrolysis. (Courtesy Beauty & Confidence Electrolysis)
Beauty & Confidence Electrolysis officially opened April 1 at 5529 Louetta Road, Ste. A, Spring, after beginning its soft opening phase Feb. 28. Owner Angie Quiroz said she offers a permanent hair removal process called electrolysis, which has been approved by the U.S. Food and Drug Administration. The business offers the service for people of any gender on most parts of the body, including eyebrows, upper lip, chin, abdomen, thighs, arms and legs. 346-298-1172. http://bcelectrolysis.weebly.com
Correction: The original version of this article incorrectly said James Hilton was also an electrolysis. It has been updated in the photo caption and removed from the story.
Kelly joined Community Impact Newspaper as a reporter in June 2017 after majoring in print journalism and creative writing at the University of Houston. In March 2019, she transitioned to editor for the Lake Houston-Humble-Kingwood edition and began covering the Spring and Klein area as well in August 2020. In June 2021, Kelly was promoted to South Houston managing editor.
Thank you for reading Community Impact
Want more from CI? Becoming a CI Patron grants you access to an exclusive weekend newsletter and CI Swag. Your one-time or monthly donation catapults our mission to hire high-quality journalists and provide trusted news in Texas communities.


text: HARRISBURG – Allegheny County Sen. Wayne Fontana says he will soon be introducing a bill to prohibit the use of credit cards for online casino games, sports betting, fantasy games, and the PA iLottery. He says online gambling and sports betting is growing exponentially, especially with young adults. At the same time, credit card debt is climbing so it’s necessary to make sure the greater access to gambling isn’t leading to burdensome or crippling credit card balances. In a co-sponsorship memo, Fontana noted that March is “National Problem Gambling Awareness Month” and that the average Pennsylvanian has a credit card balance exceeding $5,640. Last year, PA reported a record high from gambling revenue of nearly $5.7 billion. Other states have prohibited the use of credit cards, including Iowa, Tennessee, and Massachusetts.


text:
Dye alert spreads to school meals
by SEAN POULTER, Daily Mail
Last updated at 16:10 23 February 2005
Schools, hospitals, restaurants and hotels have been dragged into the food contamination alert involving a cancer-causing dye.
Major wholesalers and suppliers such as Booker, Brakes, 3663 and Makro are all understood to have used Worcester sauce contaminated with the illegal dye Sudan 1.
The sauce, flavoured with chilli containing the banned additive, will have been used in pies, sauces and dressings used in millions of meals eaten by schoolchildren.
The disturbing development emerged as the number of products withdrawn from sale increased by eight to 427.
Up to now, the food recall has focused on the recall of ready meals and other products sold by leading supermarkets, such as Tesco, Sainsbury's, Asda and Morrisons/Safeway.
It was also known that Whitbread restaurants, Pizza Hut and McDonald's have had to change their recipes. However, it is now clear that the contamination alert has spread even further than first feared.
Contamination spread to catering outlets
Bob Cotton, of the British Hospitality Association, said: "There are a huge range of sauces and ingredients used by catering outlets on a day-to-day basis which are caught up in this contamination. It goes much further than supermarket ready meals."
A Department of Health spokesperson said: "There is no one supplier of hospital food. Individual hospital trusts make their own arrangements with suppliers, and the Food Standards Agency advice is for hospital trusts to contact their local suppliers for more information."
It was claimed that 'shocking blunders' led to the scandal. In 2003, the Government's Food Standards Agency investigated the firm of spice importers now responsible for the UK's biggest food recall.
However, it appears to have 'missed' a five-ton consignment of suspect chilli powder contaminated with Sudan 1, which is commonly used to colour shoe polish and has been banned for food use since 1995.
The chilli was subsequently used to make the Worcester sauce which has now contaminated so many products.
Concerns about the safety of chilli imported from India first emerged the summer of 2003. At that stage a number of curry pastes and sauces were removed from sale after they were found to contain the illegal ingredient.
The main supplier of the contaminated chilli was found to be East Anglian Food Ingredients (EAFI). A team from the FSA went there in an effort to trace the source of the contaminated chilli and take it out of the food chain.
Second compensation bill
However, the watchdog's officials did not identify and trace a five-ton batch which had been supplied, via a middle-man, to the ready-meal giant Premier Foods.
EAFI was forced to pay £360,000 compensation to food manufacturers in 2003 following the first contamination episode. The firm now faces a second massive compensation bill with the cost of the latest food alert put at a staggering £100million.
In a statement last night, EAFI said it had no information about the source of the contamination. But it confirmed it had supplied chilli powder to the Essex-based seasoning company Unbar Rothon in 2002.
"Unbar Rothon has informed EAFI that it has recently carried out tests on a batch of EAFI chilli powder supplied in September 2002, prior to the 2003 recall, and that these tests have confirmed the presence of Sudan 1."
All the evidence suggests the current crisis could have been avoided if the FSA had traced all the suspect chilli in 2003.
Premier used the ingredient to flavour its Crosse & Blackwell Worcester sauce which was then used in hundreds of products.
The most recent items added to the list of banned foods are Sainsbury's Ultimate Pork Sausages in a 400g pack and at the meat counter, and the following ready meals: Sainsbury's Ultimate Pork Sausages & Mash 500g; Tesco frozen Chicken & Vegetable Casserole 400g; GW Padley's Chicken Wings of Fire; Northern Foods' Rover's Return Lamb Hot Pot; Oak Farm Foods' Steak & Kidney Pie; and Shippams frozen Value Chicken Casserole.
The Conservative Shadow Food and Farming Secretary, Tim Yeo, wrote to his opposite number, Margaret Beckett, and the big supermarkets calling on them to tighten food safety procedures.
He condemned the FSA's failure to get to grips with the chilli contamination two years ago.
"This is incompetence approaching negligence," he said. "We are looking at shocking blunders here. It is time the FSA stopped lecturing people about diet and got on with the real job, which is food safety."
Turning to the supermarkets, Mr Yeo said: "There is a duty on these companies to make sure the products they supply are safe.
"They have enormous resources and power and should be financing safety tests to protect their customers."
Although the FSA insists that the health risk from Sudan 1 in the levels found in the banned foods is extremely low, it faces accusations that it delayed telling the public about the contamination of foods found in virtually every home in the country. The watchdog was informed by Premier Foods on February 7, it told supermarkets on February 15, but the public were not warned until February 18.
Food industry insiders claim that powerful supermarkets might have leaned on the FSA to delay going public.
One said: "Supermarkets were telling their suppliers that they wanted to have replacement products on their shelves before the public was told."
A spokesman for the FSA said yesterday: "East Anglia Food Ingredients provided a list of customers they sold chilli powder to during our 2003 investigation. We chased up all of those customers and contacted the relevant local authorities where they are based."
He said the onus was on all food companies, including Premier Foods, to ensure that the food they were selling was safe.
Most watched News videos
- Terrifying moment sex-crazed elephant overturns safari jeep
- Matt Hancock confesses to 'blowing up every part of his life'
- Jenny Harries: Brits shouldn't socialise with people unless necessary
- Delivery driver launches parcel over fence giving pensioner BLACK EYE
- 'He's gotten more liberal': Trump disagrees with Boris' green stance
- Man Tasered by police after trespassing on the grounds of Parliament
- How to pronounce Omicron? The BBC gives you some idea
- Minister: Don't invite more than FIVE guests to your Christmas party
- Maggie Throup stumbles while trying to clarify No.10 party claims
- CCTV captures Silipa Keresi before her baby was found dead
- Brierfield man shot in face at point-blank range by terrifying thug
- Storm Arwen: Moment Energy Minister is confronted by angry resident
No comments have so far been submitted. Why not be the first to send us your thoughts, or debate this issue live on our message boards.
We are no longer accepting comments on this article.


text:
Talk about misreading the market... Green Car Congress posts a link to a nice bit of crow eaten by the CEO of DaimlerChrysler, Dieter Zetsche. Admitting that they, along with most other car companies, had completely misjudged the market impact of hybrid cars -- and given Toyota and Honda the "moral high ground" -- Zetsche said that DaimlerChrysler was working with GM to build next-generation hybrid technologies.
Zetsche added that the collaboration between GM and Chrysler aimed at developing full-hybrid architecture will benefit both companies.
"As my wife often says, 'If you know you're going to arrive a bit late to the dinner party, be sure you bring the best wine,' " he said.
GM executives have said the new hybrid system will be available on full-size SUVs and pickup trucks by 2007.
But according to Technology Review's comments on the GM/Daimler-Chrysler technology, it's only going to give us 20 mpg SUV's, not 55+ mpg vehicles. I think they're still seriously misreading the market here, but we'll see. More commentary on this at altenergyaction.org - "Hybrids in Name Only".
While it is a win to get 15 mpg drivers into 20 mpg cars ... it's possible that those 20 mpg SUVs are the old plan, the one that they were caught with while the Prius caught on.
FWIW, they have other things in europe that would be a better "green Mercedes." Check out the A-Class. I saw one on the road in Irvine California, not far from their west coast design center ... it could be they're (re-)considering it for the US market.


text:
It has been a while since Verizon announced that it will soon start selling its very own Android Wear-powered smartwatch. The carrier didn’t reveal much information about the smartwatch at that point in time but it’s following through today. Verizon has confirmed today that its Wear24 smartwatch is going to be released next month, on May 11th to be precise.
Verizon’s Wear24 smartwatch has a 1.39 inch circular display with a pixel density of 290 ppi. Verizon hasn’t shared the actual resolution of the display but it should come out to be 400×400.
The carrier hasn’t revealed much about the technical specifications as well aside from the fact that it features a 450mAh battery with wireless charging and that it’s IP67 rated for water resistance in up to 3.3 feet of water for up to 30 minutes.
The smartwatch comes with interactive and unique watch faces that users can customize to fit their needs. The watch faces can automatically change based on their location so they can set a more modern watch face for when they’re at the office and a fitness-focused option when they’re at the gym. The possibilities are endless.
Verizon’s Wear24 smartwatch is powered by Android Wear 2.0 so it offers a wide variety of features such as music streaming with Google Play Music, Google Assistant, apps from Google Play, and more.
The Verizon Wear24 will be available in Gunmetal Black, Stainless Steel, and Rose Gold colors starting May 11th. Verizon will sell it in-store and online for $349.99. Customers can pick it up for $299.99 with a new 2-year activation or add it to an existing Verizon Plan for $5 monthly access.


text:
Pyne Gould Corporation is set to split off and sell its Perpetual businesses after receiving approaches from a number of buyers.
Managing director George Kerr says the company has received approaches from a number of parties wishing to acquire all or part of the Perpetual Group, which includes corporate trust, personal trust and retail asset management.
He says the board accepts the merit of a complete separation, both of governance and of ownership, between the retail focused Perpetual and the
wholesale focused Torchlight Investment Group.
He says no deals have been reached yet.
Mr Kerr says if all, or part, of Perpetual is divested, Pyne Gould will put money into Torchlight to manage distressed assets.
The core business of Pyne Gould will then be Torchlight.
Mr Kerr says the changes signal the last stage in the company's restructuring which began with a rescue package in 2009.
With Torchlight's focus on Australia and the United Kingdom, Mr Kerr says that it is inevitable that Pyne Gould will have little exposure to New Zealand.
The board has now hired advisors to look at the opportunity for listing the company in either or both Australia and the UK.
Torchlight Fund has been repaying $28 million to Perpetual, in a deal that sparked a Financial Markets Authority investigation into allegations of undisclosed related party transactions.


text:
We already have contactless payments to make our lives a littler easier, but now it looks like typing in your PIN at all could soon be a thing of the past.
But only if you live in the US and have an iPhone.
According to Mashable, FIS and Payment Alliance International have announced a partnership that will enable cardless cash withdrawals at 70,000 ATMs at US retailers.
The deal will see customers use an app on their iPhone to withdraw cash, with the transaction being authenticated by your fingerprint via the phone's Touch ID sensor.
Speaking of the new plans, FIS said: "The mobile banking app acts as a remote control for the ATM, providing unparalleled privacy and security for consumers."
The scheme aims to eliminate the threat of card skimmers being used to steal your information as it avoids the use of cards completely.
The cash withdrawals will take 10 seconds and an electronic receipt will be sent directly to your iPhone once the transaction is completed.
There has been no mention of support for Android devices as yet, so it's looking like only iPhone users will benefit from the new project for the time being.


text:
Many rumors have been around for a few years now. Various insiders are claiming that Samsung is having more and more trouble differentiating the Galaxy S and Note lineups.
Although the chatter fire was further fueled by a recent report hinting at S Pen integration in the S21 series, it appears there’s still a good chance a Galaxy Note 21 5G will materialize in the second half of 2021.
Before talking about accessories, specifically the new and revamped S Pen, one thing we need to be sure of first is the release of the phone. Will the release be accompanied by a Galaxy Note 21 lineup?
The first information regarding the Note 21 series came from sources close to Samsung, which was circulating backstage after the appearance of the Samsung Galaxy Note 20.
Judging by the previously revealed information, the Galaxy S21 Ultra model is expected to receive the S-Pen. This expectation was thought to have caused the death of the Note series. But is the Samsung Galaxy Note 21 coming?
Especially with Note 7, which had to be discontinued due to battery problems, the life of the successful series started to decrease. That is why, as reported by Somagnews, Samsung is planning a strategy focused on the S series for a long time.
The latest Note series that was released eliminated this negative perception that was in the mind of the consumer. In fact, the Galaxy Note 20 is one of the top smartphones for this year.
Sources close to Samsung have confirmed that the company is preparing the S-Pen for the S21 Ultra. This information is based on The Korea Herald newspaper by the Chinese blog IT Home. However, the tech giant has begun to make preparations for the Galaxy Note 21 series, at least for next year, 2021.
Although the features of the flagship phone are not apparent for now, the Note 21 series will appear with flagship processors such as the Exynos 2100 and Snapdragon 875. The Samsung Note 21 series could be the final series of the flagship.
There is no definite information about this yet. However, it is now certain that Samsung is making preparations to end the Note series.
The year 2020 has brought a lot of changes and adjustments in almost all sectors, industries, businesses, and professions. Samsung may need to rethink its marketing strategy for next year.
Images used courtesy of Science and Knowledge/YouTube Screenshot.
According to reports, NCT's Jungwoo and Stray Kids' Lee Know are the new Music Core…
BTS Jimin hailed as the top K-Pop male idol based on brand value rankings for…
Genius, an American digital media company, released its list of the 25 most popular songs…


text:
Update (1420ET): Volkswagen's Audi wants to reenter Formula 1 racing and by doing so is "looking at various co-operation ideas as part of strategic considerations" with Britain's McLaren, according to FT.
Discussions between the two automakers appear to be in the early stages, with very few details. Earlier today, Automotive magazine Autocar announced Audi was taking over McLaren, but shortly after the article was published, a McLaren spokesperson said the story was "wholly inaccurate."
At this point, it appears Audi wants to collaborate (on some level) with McLaren's legendary F1 racing unit, one of the best builders of track cars and the second oldest active team after Ferrari.
In a statement on Monday, Audi CEO Markus Duesmann said: "We are constantly looking at various co-operation ideas as part of our strategic considerations," but declined to comment on an approach to McLaren.
Audi's entry to F1 could be a branding deal or the use of technology rather than a full takeover of McLaren's racing unit.
* * *
Update (0800ET): McLaren has issued a statement denying being bought by Audi.
In a statement, the brand said the story was "wholly inaccurate", adding:
"McLaren’s technology strategy has always involved ongoing discussions and collaboration with relevant partners and suppliers, including other carmakers, however, there has been no change in the ownership structure of the McLaren Group.”
Autocar says an Audi spokesperson had no official comment “to add at this stage” and McLaren said there has been no change at a management level.
* * *
Automotive magazine Autocar reports Audi has bought British racecar company The McLaren Group in a deal that would give the German manufacturer control over its supercar business and its Formula 1 team. The acquisition may suggest Audi, owned by Volkswagen Group Automotive, has future ambitions to enter F1.
The change of ownership is excellent news for McLaren, who has been undergoing heavy financial pressures. Last year, it received refinancing up to a half-billion euros, and one of the latest developments, McLaren CEO Mike Flewitt, stepped down last month after eight years.
Volkswagen AG will now have access to another supercar under its ten brands, including Audi, Lamborghini, Bentley, and Porsche. This could mean McLaren's road cars may one day use German engines.
Volkswagen now has direct access to racing for McLaren's F1 team, one of the best builders of cars and the second oldest active team after Ferrari.
"Volkswagen has been involved in discussions over the specification of a new F1 powertrain due for introduction mid-decade and has been openly considering a commitment to the pinnacle of motorsport," Autocar said.
Thomas Laudenbach, who heads up Porsche Motorsport, recently told Autocar, "the deal does not necessarily close the door on a Porsche entry to F1, either."
McLaren is majority-owned by Mumtalakat Holding Company, the sovereign wealth fund of Bahrain. There were no details on the terms of the deal.


text:
Amit Tewari was in his 20s when he decided to walk away from his medical career and pursue a future in hospitality. With no foodservice experience but a heap of confidence and a strong entrepreneurial streak, Amit would probably be the first to admit that he was in over his head, but, eight years on, it’s clear the risk has paid off.
After founding QSR brand, Soul Burger, in 2015, Amit decided to flip the business model on its head, converting it into a 100 percent plant-based concept, making it Australia’s first wholly vegan burger business.
Fast forward a few years, and Soul Burger has continued to evolve. It now forms part of Amit’s umbrella company, Vegan Food Hub, a collective of three (soon to be four) plant-based restaurant brands.
Here to talk us through Soul Burger’s continued transformation, his observations of Australia’s plant-based scene, and the ambitious plans to scale Vegan Food Hub to over 40 sites (and 200 digital ones) by 2028, is Amit Tewari.


text:
The east building of Lexington Market will permanently close Saturday in Baltimore as part of revitalizations
Lexington Market will close its East Market building on Saturday afternoon, following a celebration of 70 years that the space has housed one of Baltimore’s most iconic public markets.
From 11 a.m. to 2 p.m. Saturday, a tribute event with live music, giveaways and ringtones will take place, the market announced on Instagram. The doors of the Eastern Market will close permanently at 5 p.m. Saturday. Faidley Seafood will remain open.
One of the nation’s oldest public food markets, Lexington Market has undergone various transformations on the same site since 1782. The building has been home to food stalls since the early 1950s, when outdoor stalls replaced a shaped structure hangar that was damaged by fire.
Two years after the devastating fire of 1949, around 8,000 people packed the market to celebrate its reopening and sample food from the 528 stalls available. The market was separated by two buildings that year – the east market between Paca and Eutaw streets and the west market between Paca and Greene streets.
“Today we witness the official grand opening of a bigger and better Lexington Market, rising like a Phoenix from the ashes of the ancient landmark that added so much to the charm of Baltimore in a bygone era when life moved at a leisurely pace and living well and hospitality was an essential part of our existence,” former mayor Thomas D’Alesandro III said during the 1952 reopening celebration, the Baltimore Sun reported at the time. .
The West Building and food hall-style arcade have already closed as part of a plan to rebuild the market, a key part of Baltimore’s food history that had lost vendors in recent years. The market will reopen in a newly constructed South Market building on the site of a former parking lot. An outdoor plaza is planned for the area where the arcade once stood.
Groundbreaking for the $40 million Public Market revitalization, led by Seawall Development, began in 2020. Earlier this year, the city announced it would allocate $5 million in U.S. bailout funding to the Lexington market after the project resulted in higher construction costs and delays.
There are 34 confirmed vendors for the new iteration of the market, according to the Transform Lexington Market website. In August, Lexington Market announced that two new “future produce” suppliers – Bmore Vegan Joint and Garden Produce – would join the new market suppliers.
Traders will open at the new Lexington Market Plaza on September 6.
Baltimore Sun reporter Lilly Price and librarian Paul McCardell contributed to this article.


text:
Because of growing unrest in the Mediterranean, some cruise companies have made the decision to reduce the number of Mediterranean cruise holidays that are offered in the region. News of the moves were reported recently in Travel Weekly. The account was reported on July 24, 2016.
For example, Celebrity Cruises will keep its cruise ship, the Celebrity Equinox, in Miami, Florida in Spring 2017 after the ship finishes its winter cruise itinerary. The ship will not return to the Mediterranean at that time, where it will schedule cruises out of Barcelona and Athens this summer.
The announced move will reduce the number of Celebrity vessels from five ships to four, and enable the cruise company to utilize a year-round ship in the Caribbean area for the first time in seven years. Other companies also are planning to move ships out of the Mediterranean region and into the Caribbean.
For instance, Carnival Corporation is reducing its capacity by 10% in the Mediterranean in 2017 and increasing it by 5% in the Caribbean. The decisions for the moves were made after a failed coup attempt in Turkey and a terrorist attack in Nice, France, which is the third major attack on French soil in the past nine months.
The Travel Weekly report added that Carnival Cruise Line has already replaced calls from the line’s Vista vessel in Kusadasi, Turkey with sea days on July 17 and July 20. However, the report also indicated that client cruise demand is still healthy in Europe, with Mediterranean cruise holidays still highlighted on cruise itineraries.
Most of the cruise lines, according to Travel Weekly, have reportedly suspended calls in Turkey. The moves were made after Istanbul experienced a number of terrorist attacks earlier in the year. Prices are also reportedly lower for travel in Europe, as the prices for cruises in the southern part of Europe dropped in June after an increase in May.
You May Also Like These Articles:
➡ The Real Best Things to Do in Santorini for Cruise Ship Guests
➡ Port of Genoa, Italy – A Mediterranean Cruising Stop that is Rich in History
➡ Experience the Best Luxury Mediterranean Cruise from Venice
➡ Try Shore Excursions in Italy Departing from the Port of Messina, Sicily
➡ Choose the Best One from the Many Things to Do in Haifa, Israel


text:
AHRENSBURG, GERMANY — Dr. Matthias Moser has taken over the management of SternEnzym GmbH & Co. as part of a personnel restructuring at the Stern-Wywiol Gruppe.
He already has managed the business of the sister companies Hydrosol, OlbrichtArom and HS Additive in the same position since 2015.
His predecessor at SternEnzym, Lennart Kutschinski, will concentrate on his activities as managing director of the rapidly expanding companies Mühlenchemie, DeutscheBack and SternVitamin.
Responsibility for the seven foreign affiliates in the Food Ingredients division will be shared by the two managers. All the firms are members of the independent, owner-managed Stern-Wywiol Gruppe based in Hamburg, Germany.
“This personnel restructuring will create resources for increasing the effectiveness of our companies even further,” said Torsten Wywiol, chief executive officer of the Stern-Wywiol Gruppe. “We are glad to be able to handle the growing responsibility for our expanding business fields with our own, in-house resources.”
In three-and-a-half years, Moser has built Hydrosol up into a leading international supplier of customized stabilizing systems for the food industry, and he intends to strengthen this position by making fuller use of the potential of its applications technology.
As an enzyme designer, SternEnzym specializes in developing and producing enzymes to meet the challenges of the food industry. The solutions are used in the manufacture of baked foods and sugar confectionery, alcoholic and soft drinks, in dairy products, and in the sugar, meat and fish industries.
“SternEnzym supplies tailor-made solutions in response to the growing challenges of the food industry,” Moser said, in explaining his objectives. “The synergisms between the sister companies of the Stern-Wywiol Gruppe in respect of expertise and structure ensure that we will continue to meet the individual needs of our customers in the best possible way.”


text:
After the record breaking success at China (Shanghai) International Boat Show (CIBS) 2018, the newly located CIBS 2019 has opened for bookings.
Taking advantage of the aquatic season in China, the 24th edition of the iconic boat show will take place June 20 – 23 at its new home, the National Exhibition and Convention Centre (Shanghai) (NECC) which is located near to the railway station and the international airport.
“The new venue is the ideal location to accommodate more exhibitors, which will in turn lead to more professional buyers keen to seek out new products and solutions so if you are ready to do business book a stand early to avoid disappointment”,said Helena Gao, Group Director of UBM Sinoexpo. “We are also looking forward to the enhanced transport links to the venue making it very convenient and accessible to all of our visitors”.
What can be expected at CIBS 2019?
The NECC, offering 28,000 sqm of exceptional display area and renowned for its prime location, will accommodate more exhibitors while attracting more professional buyers.
The show will benefit from generous investment from the government to enhance facilities at the NECC before it hosted the very first China International Import Export Expo, held in November 2018.
The NECC is located in close proximity to the railway station, international airport, and the metroline, which is only 20 minutes away from the city center.
Why visit or exhibit at CIBS2019?
The China International Boat Show (CIBS), is the most comprehensive and longest running boat and yacht exhibition in China organized by UBM Sinoexpo.
Last year CIBS welcomed more than 600 exhibitors. Over 20 new products were launched by big brands, including Honda, Suzuki, Beneteau, Jeanneau, and JetSet, who chose CIBS as the platform to unveil their latest innovations to 35,061 visitors from over 70 countries (a 15% increase on visitors in 2017).
CIBS offers exhibitors an unrivaled opportunity for sales. More than 29% of the visitors to CIBS 2018 were looking for new suppliers, with a high proportion looking to source new products. Many of the biggest brands enjoyed huge sales success at CIBS 2018, closing deals on many high value product orders. The new location at the NECC offers exhibitors even more opportunity for sales at CIBS 2019.
The success of CIBS is also due to collocated alongside other popular events including The Life Style Show 2019 (Water Sports/Lure Fishing/RV Camping/ Theme Travel) as well as CPHI & FIA. This presents the boating industry a complete offering of the leisure, recreation and luxury industries to a burgeoning middle and upper class of China. Responding to the growing trend of water sport tourism, the China National Tourism Administration and General Administration of Sport of China published documents announcing 30 national sports tourism demonstration bases and 33 National sports tourism boutique events, listing the prestigious China (Shanghai) International Boat Show as one of them.
In addition, CIBS 2019 will present their usual show-stopping features, including:
• The Superyacht Showcase and Leisure Carnival
• Exhibitor Search Tool
• Educational program and forums featuring industry experts
• ASIAN MARINE & BOATING AWARDS (AMBA) is a grand gathering of global elite industries and over 500 brands from more than 20 countries who join the election. This event provides a commendable platform from boat manufacturers, yacht club, sailing cities and anyone who does their best for the leisure marine industry in Asia and worldwide.
• Sailing for kids charity regatta
Over 40,000 visitors are expected to attend the four-day CIBS 2019 event including international buyers from the USA, UK, Italy, Germany, South Korea and Australia. CIBS has become the ideal launching ground for many new entrants to the market as it provides a focused and unique environment for those wishing to test the market in China with new products and services.
The event also provides an educational opportunity to both visitors and exhibitors to enhance their industry knowledge and learn about topical trends in the market from industry experts.
More Established Exhibitors are returning to China International Boat Show 2019
Established international participants have confirmed their presence at the region’s most eagerly anticipated event for boating enthusiasts, which continues to inspire the industry through innovation and creativity.
Over 65% of previous exhibitors will be returning to the biggest edition of CIBS to date including Mercury, Beneteau, Suzuki, Honda, Holylight, MarvelWin, Garmin plus many more internationally renowned brands who are taking advantage of the best exhibiting rates.
In 2019, the event will spread out across two independent halls: one for Boat/Yacht exhibitions and one for equipment. The Boat/Yacht hall will showcase a plethora of boats and yachts showing off the very best in design and craftsmanship, while the second hall will be a showcase highlighting an extensive range of equipment supplies and services.
John Pfeifer, Mercury Marine, President: “It is unbelievable how much the show has developed, how big and how professional it has become, how the boating industry is growing in China.”
Tan Qi, GARMIN, Regional Sales Manager of Asia Pacific Marine Group: “CIBS is like an old friend to Garmin. As we value the China market very much, CIBS is the best platform for Garmin to showcase our latest technology and products.”
Thibaut de Montvalon, Beneteau, Executive Director of Asia Pacific: “CIBS is obviously the longest standing boat show in China, we participated in this show since the very first day. It is playing a very important role to grow the boating industry in China.”
Booking a stand for CIBS 2019
This year’s price is the best CIBS organizers have offered, but the new location and dates mean the event will continue to be hugely popular and spaces are limited.
Garmin, Honda, Suzuki, Brunger, Parsun, Torqeedo and many others have already reserved their stands in great locations. Recently, it was announced that it has almost sold out of space in the international boat equipment pavilion.
Exhibitors can book a spot at CIBS 2019 here: www.boatshowchina.com/en-us/exhibitors-products/spacebooking-form
Name: China (Shanghai) International Boat Show
Date: 20-23 June, 2019
Venue: National Exhibition & Convention Center (Shanghai)
Organizer: Shanghai UBM Sinoexpo, Shanghai Association of Shipbuilding Industry and China Boat Industry & Trade Association
Superyachts China is proud to be an official Media Partner for CIBS 2019. We will be sharing updates and news before, during and after the show to our readership in 89 countries worldwide. If you are exhibiting at CIBS 2019, our media journalist will be present for interviews and press coverage at the show, so please contact us to arrange a meeting.
For more information about CIBS 2019, please visit: http://www.boatshowchina.com/en-us/Home
For more information about the National Exhibition and Convention Centre (Shanghai) (NECC), please visit: NECC Shanghai
[…] International Boat Show will be hosted in June 2019 in Shanghai and is an ideal platform for global yacht companies to reach Chinese customers and grow their brand in China. There will be around 600 exhibitors attending and over 30,000 […]


text:
Love momos? Here’s a bit of news you can feast on: Wow! Momo, a chain specialising in the delicious treats is planning to expand its footprint across India in the coming year.
All About Wow! Momo
Wow! Momo is a Kolkata based start-up, established in 2008. In 2015, Wow! Momos received a $16 million investment from the Indian Angel Network. Its menu includes chicken momos, fish steamed momos, paneer fried momos, mushroom fried momos as well as momo burgers , chicken thukpas and veggie thukpas.
Over the past few months, Wow! Momo opened five outlets in five metro stations across Kolkata; the Kalighat, Mahanayak Uttam Kumar, Teaji, Masterda Sujrya Sen and Kavi Nazrul all now have their very own Wow! Momo kiosk.
Additionally, the brand recently took its wonderful momos to Chennai, Pune, Bangalore, Kochi, Delhi, NCR, Coimbatore and Thrissur.
It has now announced that it plans to launch an additional 50 outlets in Kolkata and 100 across India over the next few years.
Shangri-La Bengaluru Celebrates Eight Years of Excellence
(Bengaluru, 21st September 2023) Shangri-La Bengaluru, the iconic 19-storey hotel situated in the heart of the city’s bustling central business...
Blend Bazaar returns with its spectacular 2nd edition: Bengaluru’s Ultimate Fusion Festival on October 7-8!
India’s only creator community-powered festival, curated by the Blend Community, combines culinary, fashion, art, and literature experiences with a stellar...
Discover the Taste Of Luxury At Pangeo – The Ultimate High-End Lounge and Bar in Brigade Road, Bengaluru!
Devoted to providing global experiences one can experience elegance and opulence at Pangeo Introduces India’s first exquisite Chivas XV Lounge...
Cafe Duco X Pack-A-Pav: Pav With Friends by Chef Urvika Kanoi
Get your taste buds pepped up because the iconic Cafe Duco is teaming up with Pack A Pav, the...
McDonald’s India – North and East introduces Kartik Aaryan’s Favourite McDonald’s Order – “The Kartik Aaryan Meal”
After Travis Scott and BTS Meals, McDonald’s Famous Orders platform makes its way to India with Kartik Aaryan’s Signature order...


text:
Whether you're an industry watcher or a casual investor, it's been hard to ignore the coverage of up-and-coming electric vehicle (EV) manufacturer Rivian Automotive (RIVN -1.78%). From shattering initial public offering (IPO) records to fetching an over-$150 billion valuation at its peak (which is more than General Motors, Ford, or even Starbucks), Rivian embodies a spirit of optimism and imagination.
However, hope and wishful thinking don't go far in the investing world. For a growth story to truly play out, a company must demonstrate an ability to capture market share, chart a path toward profitability, and prove its mettle during tough times. Love it or hate it, Tesla (TSLA 4.14%) has these attributes in spades.
Let's see if Rivian has what it takes to become the next Tesla.
Tesla's recipe for success
Tesla is now a $1 trillion company and by far the most valuable automaker in the world. But just a few years ago, Tesla was struggling to achieve consistent profitability and running out of cash as it found itself in the clutches of what CEO Elon Musk once called "production hell."
Today, Tesla sports one of the highest gross profit margins in the auto industry thanks to highly profitable vehicles, vertically integrated manufacturing, and control over its distribution.
To sum it up, Tesla's success boils down to:
- International brand recognition that limits the need for advertising.
- Its own fast-charging network, which has more than 30,000 Superchargers and growing.
- Technologically superior vehicles at attractive price points for both the consumer and Tesla.
- Direct-to-consumer marketing that cuts out third-party franchises and boosts margins.
- Stable and growing demand that justifies Gigafactory expansion in China, Germany, and Texas.
- Undisputed leadership in the transition from the internal combustion engine to the electric motor.
- Low debt and healthy free cash flow.
Rivian's strategic approach
When looking at the ingredients of Tesla's success, it quickly becomes apparent that mimicking or even coming close to the electric car company will be a tall order. But Rivian does have a lot going for it.
For starters, it's getting a ton of brand recognition without having to spend advertising dollars. Since its IPO, Rivian's Twitter account hasn't released a single post. It's press room has been quiet. And yet, internet forums and mainstream media are spreading its story like wildfire.
In terms of manufacturing, the company's S-1 filing with the SEC states that its Normal Factory in Illinois has an annual production capacity of 150,000 units. It began production of the R1T pickup truck in September, and it plans to begin production of the R1S SUV in December. As of Sept. 30, it had 48,390 reservations for the R1T and R1S, but has since grown that number to over 55,000. It also has 100,000 orders for its RCV delivery van from Amazon -- which owns a 20% stake in Rivian.
Like Tesla, Rivian builds its battery cells in-house to control as much of its manufacturing as possible. However, the company did say that it relies on several parts and components suppliers, which is the main reason why it is behind on customer deliveries.
In terms of product differentiation, Rivian's R1T and R1S are attractively priced, starting at $70,000 or less. A fully electric, outdoorsy pickup truck and a fully electric seven-seating SUV are rare feats in the EV market. In this area, Rivian certainly has a leg up on the competition.
To meet the needs of its adventurous clientele, Rivian is building the Rivian Adventure Network to provide charging capabilities from parks to remote locations that otherwise would lack access. Like Tesla, it's bypassing the dealership network in favor of direct-to-consumer sales.
And finally, Rivian is flush with cash. Before its IPO, Rivian had $3.56 billion in cash on its balance sheet from previous funding rounds. It's now estimated the company has somewhere in the ballpark of $12 billion in cash. Even if Rivian takes years to become profitable, it should have no problem raising more cash. Unlike the days when most of Wall Street thought Tesla would fail, EV companies now have access to low interest rates and a widening pool of eager investors. As long as Rivian shows production progress and keeps it competitive edge, finding cash should be the least of its worries.
Does Rivian have what it takes?
On the surface, Tesla and Rivian are surprisingly similar. Rivian is closely following Tesla's playbook, and laying the groundwork to build the same pillars of success that Tesla currently has.
If Rivian proves its production prowess and is able to meet customer demand in 2022, then it would reach a similar milestone that propelled its peer Lucid Group (LCID -2.03%) to new heights. In many ways, it is the ability to deliver on promises that will ultimately gain investor trust and bridge the gap between newcomers and a seasoned veteran like Tesla.
Like a college prospect looking to become the next LeBron James, Rivian has what it takes to become the next Tesla. But it must first get to the NBA (deliver cars) before we seriously have that conversation.


text:
Mercedes-Benz shows off SLS AMG GT Final Edition at Tokyo and L.A.
The Mercedes-Benz SLS AMG GT Final Edition is ended to mark the end-of-life for the gull-winged sports car, as Mercedes will wrap up production next year. And the company showed it off at the 2013 Tokyo and Los Angeles Auto Shows simultaneously.
First bursting onto the scene in 2009, the 6.3-litre V8 supercar, grabbed the hearts of many with the tag of being the virtual successor to the original 300 SL Gullwing. Many editions to the SLS AMG followed. The AMG Desert Gold, Blackbird, GT are some of them. At some point there was even was an E-Cell prototype version. Let’s also not forget that it features in the Dubai policecar fleet. The latest SLS AMG will produce 591 hp, which is a whole 20 hp more than when it debuted in 2009.
We don’t have any specific details as to what will be exclusive to the SLS AMG GT Final Edition from the standard models. But Mercedes says that the production of the SLS AMG will be restricted to a mere 350 units, before we officially see the end of the run.
Keep track of the latest prices and updates in the Mercedes-Benz SLS AMG buyer guide.


text:
The first and only international technology exhibition to gather flour, feed, rice, pulse, pasta and biscuit industries, IDMA will draw together the investors for the seventh time in Istanbul on May 04-07, 2017. The exhibition, where more than 200 brands will display their latest technologies, will be attended by 30 associations in groups, and 15 associations with their booths. At IDMA 2017, where Ethiopia will have a national booths with its commercial committee, the representatives of Nigerian milling industry will hold bilateral negotiations.
Seventh edition of IDMA, the International Exhibition of Flour, Semolina, Rice, Corn, Bulgur, Feed Milling Machinery and Pulse, Pasta And Biscuit Technologies, will be held at Istanbul Exhibition Center (CNR Expo) on May 04-07, 2017 with thousands of professional visitors from 144 countries around the world.
The exhibition will be held at 3 halls, totaling an area of 33,000 square meters, at CNR Expo, and more than 200 companies will be participating. Technology manufacturers and suppliers, who are in a busy preparation process for the exhibition, will present their latest innovations to the taste of the industry at IDMA 2017.
30 ASSOCIATIONS AND 30 GROUPS AT IDMA
Getting ready to introduce the new vision of customized areas to pulse and grain industry at IDMA 2017, Parantez Fair is ambitious about the number of expected visitors. Parantez Exhibition is undertaking promotional activities in 144 countries in 5 languages, and has intensified its operations via its agencies in Italy, UK, India, Argentina and China.
With its close communications with the leading associations, unions and other non-governmental organizations through its promotional activities around the world, the company has full support from 30 leading associations of the industry in 22 countries. As a result of the negotiations, 30 associations and unions will participate at IDMA 2017 as a group, and 15 associations will also have their own booths at the exhibition.
The Ethiopian Chamber of Commerce, Ethiopian Association of Millers and Ethiopian Union of Exporters will meet the participants and visitors at their national pavilion at IDMA 2017. Before the exhibition, a meeting will be held with the members of Ethiopian Chamber of Commerce, Ethiopian Association of Millers and Ethiopian Union of Exporters. The participants of the meeting will be briefed about the IDMA 2017 Exhibition and the Certified Milling Training to be held during the exhibition, and their participation in the exhibition will be organized. The Ethiopian Association of Millers will be participating as visitors with their members, while Ethiopian Union of Exporters will be handling the procedures of the Ethiopian participants who will be featured in the pavilion. Primarily consisting of exporters, the participants will hold negotiations on the trade of pulses and grain products during the exhibition.
NIGERIA AT IDMA FOR BILATERAL NEGOTIATIONS
The African Trade Center will hold bilateral negotiations during its event titled “Discovering Business and Investment Opportunities in the Nigerian Flour, Semolina, Rice, Corn and Feed Milling and Pasta and Biscuits Industry” at the IDMA 2017 exhibition on May 06, 2017. The participants of bilateral negotiations, which will feature leading members of the African Trade Center, including food processing companies, importers and distributors, will discuss purchasing, cooperation and trade opportunities with the participants of IDMA 2017.
RIGHT PLACE AND RIGHT TIME FOR A PRO FITABLE INVESTMENT: IDMA 2017, MAY 04-07
IDMA 2017, which is a waited impatiently event in the flour, feed, rice, pulse, pasta and biscuit industry, will once again introduce all technological alternatives to the visitors. The visitors will have the opportunity to see all machinery, products and services for their companies under the roof of IDMA 2017, where approximately 200 companies will have booths. The visitors, who will have the chance to closely see and examine the latest technologies in their areas of expertise, will also be able to meet the leading companies of the global flour, feed, rice, pulse, pasta and biscuit industry, and to compare the companies with similar technologies and all of the other alternatives to make a profitable investment.
TRAINING SUPPORT FOR FLOUR, FEED AND PULSE INDUSTRY
IDMA 2017 Exhibition will also host the “Certified Milling Training” to be held by the Miller Magazine at the “Technical Days”. The training will be held simultaneously with the exhibition on May 05-07, 2017, and will consist of theoretical trainings at the halls inside the exhibition area as well as demos at the booths of participating companies.
The training will cover 3 areas, which are grain (flour) milling, feed milling and pulse processing, and on the first day of the training, common issues of these 3 areas will be discussed. On the second and third days of the training, specific trainings for these areas will be offered at 3 different halls. Theoretical trainings which will be given by expert academics and representatives of the industry, will be supported by demos of technology suppliers at the IDMA exhibition area.


text:
Big food retailers are expanding grocery delivery services, hoping to dissuade customers from defecting to online rivals.
Grocery heavyweights including Wal-Mart Stores, Inc.
“This is something our customer is really looking for,” Meijer Chief Executive Rick Keyes said of the partnership with Shipt, an online service that employs personal shoppers to choose and deliver groceries to consumers. “They are time-starved.”
A fifth of shoppers bought groceries online last year, up from 16% in 2015, according to a recent Nielsen survey for the National Grocers Association. More than half of those online shoppers said they used Amazon’s
Popular on WSJ.com:


text:
From more women taking charge of their pleasure to Tier III penetration: Charting IMBesharam’s growth in the last decade
In 2009, when Archana Singh was embarking on her annual trip to meet her sister in Boston, Massachusetts, the “souvenir” her friends requested the most for were not Reese’s peanut butter cups or those iconic Campbell’s tomato soup tins. They were adult toys.
A rarity in Indian households back then, most sexual wellness toys that existed in the country were brought in by friends and relatives travelling abroad, and there was an undercurrent of moral turpitude associated with anyone who wanted to venture beyond vanilla sex in the bedroom. In fact, the law of the land for adult toys itself was, once upon a time, very draconian and restrictive in what was allowed and what wasn’t.
But that has changed.
“There’s a big difference between sex in India 10 years ago and now, especially over the last three years,” says Raj Armani, Founder of, an online adult toy store in India that has been around for a decade after being founded in 2011.
He recalls a time during his early days in the field when adult toys were taboo and carried with them the implication that their user was a sex fiend or a “deviant” of sorts. Even the notion that sex could be healthy and necessary — like food and shelter — was radical.
“In the initial years of setting up IMBesharam, our path to becoming a viable business was to create acceptance around adult toys. We had to tell people that seeking pleasure was not a sin.”
Women eschewed even working with IMBesharam because of what it stood for as a brand.
Today, the story is profoundly different, thanks, in large part, to a spate of Indian sex educators and therapists who are shouldering the responsibility to not only create sex positivity, but also helping people realise that pleasure is on equal terms with self-love, and is a means to understanding our own bodies better versus an act of depravity for outcasts.
While the impact of positive sex education is not quantifiable, a Google Ngram study shows that the use of the word “sex-positive” is at an all-time high right now, with similar trends noticed for the words “sex toys”, “pleasure”, and “self-love” — all indicators that the discourse around sex is turning positive and people are looking at sexual wellness toys as another tool for their bedroom plays.
(Image courtesy: Shutterstock)
COVID-19, in particular, has been a transformative year for the femtech and sextech space in India.
“If 2011-2013 was about pushing products to people and creating more acceptance, 2020-2022 is the golden age of sextech, much like the internet in the 1990s,” Raj says.
With people having more time on their hands as well as more screen access, information around sex tech has increased because of the efforts of startups like IMBesharam, as well as sex educators and therapists.
Additionally, if you were to break the numbers down demographically, the generally-more-liberal millennial age group, having spent its early career years working entry-level jobs, has entered the mid-senior level management bracket — and the increase in earning capacity means they can explore more quality lifestyle products like sexual wellness toys.
At IMBesharam, which is arguably India’s biggest online adult toy store, 2020 was the worst of times, and the best of times.
In an interaction with YourStory, Raj says Besharam’s sales plummeted to a record low during the lockdowns, averaging four to five orders per day mostly because of movement restrictions and a knee-jerk reaction to the pandemic.
“At the time, I thought we were done for, and that it was time to pack up,” he recalls.
But it didn’t deter Raj, who decided to focus his efforts on strengthening the company’s social media presence and started working towards making IMBesharam more than just a platform for products.
Raj says his vision is for IMBesharam to become a place for conversations around sex positivity, experimentation, and sexual wellness, in conjunction with being a platform to discover innovative sex toys.
The re-focus and the community the startup managed to build around its core product paid off in spades — when the lockdowns lifted, the startup’s sales jumped manifolds, and, in July 2020, crossed 2019 levels which were its highest sales year in its history.
(Image credit: Daisy Mahadevan, YourStory)
Demographic breakdown of IMBesharam’s customers
IMBesharam sells sexual wellness toys like vibrators and massagers, accessories such as lingerie, strap-ons, and sexual wellness products such as lubricants, intimate hygiene wash, massage creams, and menstrual cups on its website.
Most products in the toys category are imported from across the world, but the startup is partnering with homegrown pleasure toy startups such as the Sangya project to provide cost-effective and affordable products too.
Because most of the toys are imported, they tend to burn a bit of a hole in one’s pocket, but that is more because of the excessive import taxes the government levies on sex toys than their actual cost price.
Indian customs impose nearly 100 percent of the total cost of the product in import taxes, which is why products become more expensive than if they had been purchased in their countries of origin.
Raj says the average cart value or cart size on Besharam is Rs 6,000 to Rs 12,000 for basic products. For more high-tech products that come with apps, additional features, or even sturdier builds, customers spend anywhere from Rs 30,000 to Rs 2 lakh.
For women, the sweet spot when it comes to the ticket size is between Rs 3,000 and Rs 5,000; for men, it is between Rs 4,000 and Rs 5,000.
(Image credit: Daisy Mahadevan, YourStory)
In 2018, when the startup, through a series of events, realised that the main reason people were a little wary of shopping on IMBesharam was because of how explicit the products looked, Raj says the founding team decided to “clean up the site” and showcase better-looking, high-tech gadgets on the landing pages, versus ones that looked anatomically close to the real thing.
Dildos, for example, now look much sleeker, cleaner and modern than the iterations that came before them — and Raj says this truly is a sign that people are not building sexual wellness toys for the heck of it; they are thinking of it as a lifestyle-tech product that needs to be backed by superior design.
Considering IMBesharam’s clients are primarily 18 to 40-year-olds, conscientious design becomes all the more necessary. Adding to better design asks is also the fact that a big part of its clientele is women, most of who prefer more discreet, implicit toys.
Between 2018-2019, a very small, minuscule percentage of IMBesharam’s buyers were women from Tier 1 and Tier 2 cities, Raj says, adding even though they formed a small part of the startup’s clientele, they contributed nearly 60 to 70 percent of the startup’s sales.
In 2020, the story was a little different.
Women accounted for nearly 30 percent of the traffic on IMBesharam’s website, a big jump from just a year ago. With increasing awareness around female pleasure and a less laissez-faire attitude toward sex where women traditionally assumed a more passive role than their partners, the trend is expected to continue and Indian women are expected to make up a bigger chunk of the startup’s clientele.
Raj says since 2020, the startup has started seeing a lot of traction from Tier 2 and Tier 3 cities in India, where nearly 45 percent of its sales come from.
Last year, women contributed 62 percent to the startup’s overall revenue, men 32 percent, and queer people 6 percent although Raj says the number isn’t truly representative of the actual sales to the queer community because most toys can be used by anyone regardless of their gender or sexual orientation.
Of the total products on IMBesharam’s website, nearly 65 percent are for vulva owners and focus on their pleasure, versus 30 percent for the other group.
(Image credit: Daisy Mahadevan, YourStory)
Rethinking the future
IMBesharam’s Co-founder and CEO Raj says after toiling for nearly a decade and giving it his everything, he feels like he is finally standing on solid ground. His aim now is to give back to the community.
The startup is currently evaluating an investment in two international femtech startups — Portugal-based Pleasy, an app that gamifies sexual engagement for partners, and Singapore-based, which offers education, professional consultation and curated products for women to explore their own sexualities.
Raj says he met ZaZaZu’s Founder Jingjin Liu at YourStory’s TechSparks 2021 event in a panel, and believes the platform, as well as the Pleasy app, are great ways for couples to take their bedroom plays outside of its confines.
He has next set his sights on creating a fund of sorts, in partnership with other interested angels, investors and companies, that will invest in homegrown femtech and sextech companies in India. He aims to support at least three startups this year, and provide not just funding, but mentorship and sales support.
“Sextech and femtech are almost synonymous with each other. There is definitely a need for more visibility when it comes to sexual wellness for women, and the crop of Indian femtech startups right now are doing some great innovations.” he says.
Besharam is currently in late-stage discussions with an Indian femtech startup for an investment opportunity, details of which Raj says will be made public soon.
On his agenda for the long term is to also find a female co-founder and take a step back from his responsibilities and role as CEO, focusing more on the operational side of the business.
"I firmly believe that when women talk, everyone listens. They create safer spaces for other women than men may be able to, and I’m keen to have a woman co-founder or CEO direct where we at IMBesharam go next," he says.
At some point, Besharam also wants to get into manufacturing its own line of products, including sexual wellness toys that are not only eco-friendly but can also be bought and accessed as easily as any FMCG product. The prototypes have already been drawn up and are under evaluation, Raj says, but finding manufacturers with the tech to mass-produce the products is a challenge.
IMBesharam has raised $4 million in Series A funding, so far, and is currently in talks with a venture capital company to raise another big round. Finding investors interested in the space has been a difficult task, Raj quips, but perception around sextech companies is definitely improving, he adds.


text:
BRIDGEND-BASED company BOF hosted several events in its redesigned showroom last year, creating opportunities for clients, architects and designers to view the latest products, network and learn about current industry trends.
Attendees included representatives from the universities of Bath, Nottingham, Warwick, Bedford and Newport, as well as several local authorities and Welsh police forces.
Following the success of the RIBA- accredited CPD showroom event in May, which focused on creativity at work and fabrics for interiors, BOF once again opened the doors of its showrooms last November to host a series of talks and workshops concerning encouraging collaboration and social learning.
The event was the first of its kind in Wales and attracted visitors from various sectors from across the UK. Collaboration is much talked about today, especially when it comes to designing innovative solutions for social learning.
Visitors took part in two fascinating seminars and also had the chance to view a brand new collection of inspiring products designed around the theme of collaborative work and learning.
Herman Miller Insight Group’s Mark Catchlove delivered a presentation on the psychology of collaboration and the various personalities of people working in the modern office and education environments.
Screen Solutions also gave insight into the various ways acoustics can impact on staff and students alike, and explained how acoustics are a vital ingredient in the modern learning space and can help deliver better learning outcomes.
BOF has received great feedback following the events and the team is now busily planning the next one.


text:
Kishiryu Sentai Ryusoulger‘s Official Twitter announced the release of chibi Ryusoulger plush toys at the TV Asashi Summer Festival.
On July 13th, 2019, the TV Asashi Summer Festival will be held at Roppongi Hills where Kamen Rider Zi-O: Over Quartzer and Kishiryu Sentai Ryusoulger The Movie: Time Slip! Dinosaur Panic!! \summer movie special events are held. In the “Summer Movie Special Event”, the cast will appear and a special talk show will be held to commemorate the release of the summer movies. The theme song artists will also participate and a mini live show is held. The summer movie special event will be held from July 13th (Sat)-July 25th (Thursday). The Hero Show will feature Kishiryu Sentai Ryusoulger The Movie: Time Slip! Dinosaur Panic!! from July 13th (Sat)-July 26th (Fri) and Kamen Rider Zi-O: Over Quartzer on July 27th (Saturday). July 31st (Wednesday) will have free planned admission while if you have a “Sama Pass” with a numbered ticket, it will be priority admission.
While at the festival, chibi Ryusoulger plush toys will also be on sale. The plush toys will feature chibi versions of Koh, Melto, Asuna, Towa, Bamba, and Kanaro as well as Ryusoul Red, Ryusoul Blue, Ryusoul Pink, Ryusoul Green, Ryusoul Black, and Ryusoul Gold. Details and prices will be announced soon.
Source: Lady Eve


text:
Domino Digital Printing Solutions will be launching UV95, their new seven colour food packaging compliant UV digital ink set at Labelexpo Europe 2019 (Hall 9, booths 9A60 and 9B50, 24th – 27th September, Brussels Expo). This will be a new ink set option available for use within their market leading N610i digital label press. ‘UV95 […]
The first UK printer to invest in the Jet Press 720S back in 2016 has now upgraded to Fujifilm’s third generation Jet Press 750S model. At the same time, the West Midlands company has also become one of the earliest investors in Fujifilm’s revolutionary Platesense programme, further enhancing both the offset and digital strands of […]
Reproduction and accuracy of spot colors in expanded gamut printing are often considered to be virtually impossible, but as a recent study by Ryerson University in Toronto highlights, are far from being unachievable. In a comparison of ten different color management systems and their means and benefits, GMG met the challenge of this study and […]
Reproduzierbarkeit und Genauigkeit von Sonderfarben beim Drucken im erweiterten Farbraum werden oft als nahezu unmöglich angesehen – sind aber keineswegs unerreichbar, wie kürzlich eine Studie der Ryerson University aus Toronto konstatierte. Bei einem Vergleich von zehn verschiedenen Farbmanagement-Systemen, deren Perspektiven und Vorteilen hat GMG sich der Herausforderung gestellt und mit einer innovativen Lösung sowie dem […]
Fujifilm to use IFRA World Publishing Expo 2019 to introduce new strategy for its newspaper business
Fujifilm’s comprehensive Platesense solution and thermal processless plates are already improving productivity and providing enormous time and cost savings to commercial printers all over Europe. At IFRA World Publishing Expo 2019 (Stand E.03, Hall 21a 8 – 9 October, Berlin) Fujifilm invites newspaper printers to come and learn how these innovations can boost productivity, reduce […]
Wexham Springs, UK – 16 September 2019 – Sun Chemical today announced that it has signed an exclusive agreement with the innovative German printing inks manufacturer Epple Druckfarben to combine their resources to make Epple’s class-leading series of sheetfed offset inks for direct food contact, BoFood® Organic, available to a global audience. BoFood Organic is […]
Fachpack 2019: Meech International to present its newest range of Static Control and Web Cleaner technology for the packaging industry
Meech will be showcasing several new products at Fachpack 2019 (Booth 4 – 413, 24 – 26 September, Exhibition Centre, Nuremberg), alongside its long-standing static control and web cleaning systems. These include the Hyperion 960IPS mid-range Pulsed DC ionising bar, the Hyperion IonCharge30 (15W) and Hyperion IonCharge50 (75W) static generators and the CyClean RTM non-contact […]
LINTEC AND SCREEN TO TACKLE INK AND ADHESIVE MIGRATION IN PHARMACEUTICAL PACKAGING AT LABELEXPO EUROPE 2019
LINTEC EUROPE is partnering with SCREEN EUROPE, a leading manufacturer of digital high speed inkjet printers and label and packaging solutions, to address one of the most pressing issues in the pharmaceutical packaging industry: ink and adhesive migration. LINTEC will be treating Labelexpo Europe (24th – 27th September 2019, Brussels Expo) as an opportunity to […]
Domino Digital Printing Solutions will be showcasing its newly developed digital cold foil and spot varnish applications at Labelexpo Europe 2019 (Hall 9, booths 9A60 and 9B50, 24 – 27 September, Brussels Expo). Installed on the latest AB Graphic’s Digicon Series 3 finishing line, with a semi-rotary die-cutting system, two of Domino’s 333mm UV ink […]
“The PrintWeek Awards are more than just the industry’s most prestigious awards,” says Brett Martin Sales Director, Duncan Smith. “They are one of the most significant industry events in the UK calendar, and we’re delighted to be a sponsor for the second year in a row. As a British company, with a proud 60-year heritage […]
Farbexperte GMG wird bei der diesjährigen FachPack in Nürnberg neue Lösungen vorstellen. Interessierte Besucher heißt das Tübinger Unternehmen vom 24. bis 26. September am Stand 612 in Halle 8 Willkommen. Als führender Entwickler von Farbmanagement-Softwarelösungen ist GMG von Fortschritt und Innovation geprägt, was sich auch im Messeangebot 2019 widerspiegelt.
Color expert GMG will demonstrate several new solutions at Labelexpo Europe in Brussels. From September 24th to 27th, GMG bids welcome to visitors both at its own booth #6A22 and at the stands of selected partners. As the leading supplier of color management software solutions, GMG is characterized by innovation and progress, which highly reflects in its program for Labelexpo Europe.


text:
Tomato growers in Florida, California and Mexico are having trouble selling their crops as U.S. regulators hunt for the source of a salmonella outbreak linked to certain tomato varieties.
The FDA warned U.S. consumers on Saturday that the outbreak was linked to eating certain raw red plum, red Roma, and red round tomatoes, and products containing those tomatoes.
The FDA has said it does not know where the contaminated tomatoes originated but the infections have mostly occurred in New Mexico and Texas.
As consumers struggle with salmonella contaminated tomatoes will organic food sellers scuh as Whole Foodslose their appeal?
I’m not concerned about the organic trend, says Pete Najarian. But Costco and Wal-Mart are both expanding into the organic space and that’s not good for Whole Foods. In fact, the options trading suggests to me that Whole Foods could soon go lower, Najarian adds.
In case you’re wondering, symptoms of salmonella poisoning generally appear within 12 to 72 hours after eating infected food and include fever, diarrhea, nausea, vomiting and abdominal pain.
As of Tuesday, 167 people have reported eating contaminated tomatoes with 23 of them ending up in the hospital.
Got something to to say? Send us an e-mail at firstname.lastname@example.org and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send your e-mail to .
Trader disclosure: On June 11, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (WMT), (MSFT), (INTC), (DIS); Adami Owns (AGU), (BTU), (C), (NUE), (GS), (INTC), (MSFT); Najarian Owns (AAPL), (BHI), (TSO), (ANR), (BUD), (XLF), (HPQ) (CHK); Najarian Owns (NUE) Calls; Najarian Owns (DHI) Puts, (LEH) Puts; Finerman Owns (GS); Finerman's Firm Owns SPX Index Puts; Finerman's Firm And Finerman Own (C) And (C) Leaps; Finerman's Firm Owns (AAPL), (MSFT), (SUN), (TSO), (VLO); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM), (BIG); GE Is The Parent Company Of CNBC


text:
World Tea Expo returns for March 2024
Image: World Tea Expo
The newly rebranded World Tea Expo, will be held 18-20 March 2024 at the Las Vegas Convention Center and early bird registration is now open through 22 Jan 2024. The reimagined event is expected to tout fresh ideas, the latest trends, and new distribution channels with a focus on buying, selling, networking and education.
World Tea Expo attracts a concentrated audience of tea buyers including retailers, tea shop and tearoom owners, restaurants, grocers, universities, health and wellness venues, bars, plus other hospitality venues looking for the latest tea products to support their business growth.
- Explore the immersive Expo Hall with over 200 suppliers and sample teas from around the world, plus kombucha, boba tea, spices, and botanicals. Discover the latest in packaging, technology, supplies, and the newest innovation; meet buyers, new prospects, and try new teas and tea cocktails at the enhanced Tea Bar.
- Set your business up for success by attending the expanded conference programme with new conference tracks, data sessions, new tea primer certification, high profile industry keynote, and much more. Gain invaluable insights from industry legends, up-and-comers, and successful operators.
- Meet new prospects and existing customers at key networking events including the exciting meet and greet, opening night reception, first-time attendee happy hour, and a new industry happy hour.
New this year is the World Tea Expo Beverage Challenge, to be unveiled onsite and set to become the ultimate platform for individuals, companies, producers, and suppliers to showcase their craftsmanship, creativity, and dedication to the art of tea. Participants from around the world are invited to bring their passion and innovation to the forefront and compete for recognition and acclaim in various categories. Submissions will open 2 October 2023 and full details, including categories and FAQs, can be found here.
“We are excited to present an evolved World Tea Expo that appeals to a rapidly changing global tea industry,” said Tim McLucas, vice president of Bar & Restaurant Group. “This event is designed to stimulate business growth opportunities by connecting the international tea community and provides the most up to date education and trends data on how to appeal to today’s and tomorrow’s fast growing audience of new tea consumers. If you’re interested to discover innovative ways of engaging with new customers and eager to expand your business within the tea and hospitality sector, this is an opportunity you don’t want to miss. We look forward to welcoming the community to a revitalised World Tea Expo experience.”
Early bird registration is now open for World Tea Expo at WorldTeaExpo.com. To book your exhibit space or to become a sponsor or advertiser, connect with Ellainy Karaboitis-Christopoulos at [email protected].


text:
How to watch the presentation 10 iOS, macOS Sierra, watchOS 3 and tvOS 10
The next day after the special event Apple, dedicated to the new OSes iOS 10, watchOS 3 and macOS Sierra and tvOS 10, the company published a record of the event. To view the video WWDC 2016 in HD quality through the official Apple website and podcast channel in iTunes.
Key features iOS 10 was updated the messaging app, new Home, new Pictures, Music and news, as well as open access to applications, Maps, Phone and Messages.
The updates received personal assistant Siri. Access to it has received third-party developers who can integrate the functions in any application. They also gained access to Apple maps and now I can integrate them with your programs.
Apple Maps in iOS 10 will now to remember and offer the user the typical routes and alternative routes in case of traffic jams. In the standard photo app in iOS 10 will be available for the recognition of persons, objects and background, as well as the ability to automatically collect the video from photos. Apple Music has received the updated interface and the ability to track the lyrics. The company also announced the Home app for controlling smart home devices. In the phone, appears the transcription of voice mail and notifications about possible spam calls.
macOS Sierra is a large-scale upgrading of computer operating system Apple. Siri is now available on the Mac, the function allows to search for information, locating documents, pin and drag the search results and even change system settings. Through integration with iCloud, all content on the Desktop and in the folder “Documents” available on the iPhone and iPad as a universal clipboard allows you to copy the content including text, images, photographs and videos from one Apple device and paste on another.
As for tvOS 10, Apple announced the expansion of Siri features a single login Apple TV and other new features that will make entertainment in the living room even more fun. Among the announced features Siri — search for new apps, search YouTube, search by topic and connected to the channels of live broadcasts.
WatchOS 3 significantly improves performance, favorite applications run instantly, optimized navigation with new Dock and new Apple Watch for fitness and health. A new version of the system will be available in the fall. It appears the app Breathe, which motivates users every day give time for breathing exercises to relax and relieve fatigue.
Watch the video from WWDC 2016 on the Apple website and also on the official channel of podcasts Apple. The company offers three versions of video at different resolutions.
Upload a video of the presentation of iOS and macOS 10 Sierra the links next:
- Apple Special Event, June 2016 [1,12 GB]
- Apple Special Event, June 2016 in HD 720p [3,95 GB]
- Apple Special Event, June 2016 Full HD 1080p [of 6.96 GB]


text:
NECA post a Visual guide for there Pacific Rim figures that included all current or announced figures plus two new Jagaers, Horizon Brave and Reactor Blast Gipsy Danger, no word on release date but expect them early 2015.
From Import Monsters
As previously reported, the full set contains five figures, including three completely new characters:
1. Crimson Typhoon
2. Gypsy Danger (Chain Sword Ver.)
3. Coyote Tango
4. Knifehead (Damage Ver.)
As with the last set, each figure will be ¥400(approx $3.40 US). The set is to be released in March 2015.
NECA has posted a preview of their next 18″ Scale Pacific Rim Figure. Next in line is a Striker Eureka Figure. The image shows the new large scale figure next to it’s 7″ scale version. The figure has LED lights in the chest, and looks to have retractable blades on the arms. More info as we get it.


text:
Cable’s Emmy winners weren’t the only ones that ended the weekend on a high note.
Apple announced Monday that it sold a record-breaking 9 million new iPhone 5s and iPhone 5c models following its first full weekend of sales.
As a result, Apple said it has already sold out its initial supply of the 5s, though "many online orders are scheduled to be shipped in the coming weeks." Apple also filed an 8-K Monday disclosing that it expects revenue for its fourth fiscal quarter to be near the high end of previous guidance of between $34 billion to $37 billion.
This mixture of news caused Apple shares to jump $28.74 (6.15%) to $496.15 each in early trading Monday.
Apple introduced the iPhone 5c, which starts at $99 with a two-year cell phone contract, and the new top-of-the-line iPhone 5s on September 10. They went on sale on Friday, Sept. 20, in the U.S. , Australia, Canada, China, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore and the United Kingdom.
Sales of those models handily beat last year’s initial run on the iPhone 5, which sold 5 million units during its first three days of availability.
“The demand for the new iPhones has been incredible, and while we’ve sold out of our initial supply of iPhone 5s, stores continue to receive new iPhone shipments regularly. We appreciate everyone’s patience and are working hard to build enough new iPhones for everyone,” said Apple CEO Tim Cook, in a statement.
The company also said more than 200 million iOS devices are now running the redesigned iOS 7, dubbing it “the fastest software upgrade in history.”
That rapid software upgrade cycle coupled with record shipments of the new iPhones will likley also ensure that iOS remains the platform that cable operators and programmers will target with TV Everywhere apps and upgrades. Among recent examples, Oxygen Media launched its ‘Oxygen NOW’ app for iPhones and iPads and Web browsers last week, ahead of its anticipated October debut on Android-based platforms.


text:
New distribution centre is operating is at 60% of where Roots wants its capacity to be.
It purchased a large land parcel to build a vertically integrated plant.
The Vancouver-based clothing maker anticipates continued strength.
Gildan Activewear won an auction to buy American Apparel, after it entered bankruptcy protection.
US to suspend duty-free status for Rwanda garments under the trade the African Growth and Opportunity Act trade program.
The league announced in December that Under Armour will begin supplying its uniforms in 2020.
Supreme Court Justice found him in contempt of court for violating a 2013 order to stop.
Canadian manufacturer of Grandpa’s sailing cap is wooing younger customers.
Acquisition includes IP right and certain manufacturing equipment, but not American Apparel’s stores.
Agreement doesn’t include American Apparel’s retail store assets.
High-end clothing-maker rapped over alleged misleading made in Canada claims
Glenn Chamandy has put up large blocks of shares in Gildan for sale on three previous occasions.
Purchase of Comfort Colors expected to help Montreal-based company go after younger consumers.
Famed Canadian adventure gear company has been put up for sale, as founder Alex Tilley announced his retirement.
Acquisition adds 70 employees and is expected to boost efficiency by 25%


text:
by Brian Solis
OK, I’ve been sitting on this for a little while, just waiting for them to officially announce this news.
TechCrunch20 has doubled to the TechCrunch40. And, when combined with the lucky 80 or so companies in the DemoPit, an entirely new set of companies will skyrocket into 2.0 stardom as the inaugural event kicks off and makes its mark in Web history.
After the event, it will be up to company executives to do their best to extend their 15 minutes of fame into profitability and/or a successful exit.
The 40 companies have not yet been announced and won’t be made public until September 17th. We’ll be on hand to cover the event as each company takes the stage and demonstrates to the world why they were good enough to make the cut.
According to the TC40 site, “After reviewing the 700+ applications that we received from 26 different countries, and after personally interviewing 175+ businesses, we decided that there were just too many strong start-ups to limit the conference format to 20 company presentations. So we revisited our agenda, cut out a number of content panels and determined that we could successfully break 40 companies at the conference and still leave room for interesting discussion and debate about new business models and verticals with our expert advisory panel.”
Obviously they’re doing something right. At last check, they have over 600 people registered for the event.
You can see the updated agenda here.


text:
Apple’s next iPhone could get rid of the camera lens that protrudes out of the iPhones 6 and 6s, and their Plus-sized counterparts.
The company is gearing up to add a dual-camera system to its new phones, according to several reports. Doing so would allow the phone to take much brighter and clearer images, while shrinking down the size.
A smaller camera system could allow the phone’s back to be redesigned, and help get rid of the protruding lens. At the moment, that sticks out by a tiny amount, meaning that the phone isn’t entirely smooth to the touch and sits slightly off if it is placed down on a table.
The rest of the phone could be slimmed down more, if the system was used. That would be in keeping with reports that the company intends to shrink the size of the phone, and that it may do things like drop the 3.5mm headphone jack so that it can do so.
Dual-lens systems have long been rumoured as the future of phone cameras. They are able to take pictures that look much more like a big SLR setup, while keeping their small size.
As well as allowing for much greater quality, using multiple lenses also means that the phones can understand depth. That could allow the phone to produce a 3D image of whatever it is looking at, for instance, or take pictures by focusing on two parts of an image at once.
Their adoption has been held back by the fact that they have been slow to make. But manufacturers have reported quick advances and a senior executive at Sony, which makes sensors for iPhones, said that 2017 will be the year that the technology takes off.
Apple acquired a camera technology firm earlier this year. That company, LinX, makes similar technologies and so it is likely that any new iPhone camera will be based on its work.
Join our new commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies


text:
In or Out? The UK’s future in the EU - Hear Both Sides
In - Damian Green MP, Chairman, Conservative European Mainstream Group
I believe Britain is stronger, safer and better off in the EU than we would be on our own.
Leaving Europe would risk our prosperity, threaten our safety in an increasingly dangerous world, and diminish our influence, especially with the new powers emerging in the world.
The benefits of being in clearly outweigh the costs, and the risks of pulling out from a group of friendly neighbouring democracies are potentially huge.
Europe needs reform badly but staying in gives us the best of both worlds; membership of the world’s largest economic bloc, and the freedom to trade everywhere.
Out - Matthew Elliott, Chief Executive, Vote Leave
The impact on the economy will be a central focus of the referendum debate. I believe that businesses - from manufacturers to financial services - will thrive outside the EU.
The UK has no control over trade negotiations with countries outside the European Union. The EU has spent years trying to complete trade discussions with India and the US. Meanwhile, Switzerland and Iceland - who are outside the EU - have signed free trade agreements with China.
UK firms which don’t export still have to comply with reams of regulation from Brussels. Only 5% of UK businesses export to the EU, yet 100% have to adhere to burdensome rules which drive up costs and reduce productivity.
If we leave the EU, we can take back control of our trade agreements and negotiate terms that suit the needs of British business. Our politicians will become more accountable and can formulate policies which support business, enterprise and entrepreneurship.


text:
Tencent-backed e-commerce platform Pinduoduo announced its first quarter financial results for this year. The company’s total revenue reached RMB 4.55 billion (USD 677.3 million), up 228% from RMB 1.38 billion in the same period last year, beating market expectations of RMB 4.13 billion.
Net losses, meanwhile, reached RMB 1.88 billion, a 39% year-on-year increase from RMB 201 million, outperforming the RMB 2.715 billion estimate.
Gross merchandise volume, or total sales, on Pinduoduo’s platform hit RMB 557.4 billion during the 12-month period up to March 2019, a 181% year-on-year increase from RMB 198.7 billion.
Over the same 12-month period, the company serviced 443.3 million active buyers, up 50% from the same time span ending March 31, 2018.
The company also counted 289.7 million active users across its platform, up 74% from 166.2 million from the first three months of 2018.
Making traveling easier and more convenient: Early StageMaking traveling easier and more convenient: Early Stage
China’s top two mobile giants take battle to tax refundsChina’s top two mobile giants take battle to tax refunds
Exclusive | Baidu’s self-driving bus project ‘suspended’ as key staff yanked, sources sayExclusive | Baidu’s self-driving bus project ‘suspended’ as key staff yanked, sources say
Digital insurance, Indonesia’s next innovation gold rushDigital insurance, Indonesia’s next innovation gold rush
Sorabel takes capital fashion across Indonesia: Startup StoriesSorabel takes capital fashion across Indonesia: Startup Stories


text: Bolivia Friday reiterated its definite rejection to sign a Free Trade Agreement (FTA) with the United States due to great trade imbalance between the two countries. \"We can\'t sign, under any arguments, a Free Trade Agreement with the United States because it means a plunder of our natural and productive resources, besides the great commercial differences we have,\" said the country\'s Minister of Foreign Affairs David Choquehuanca. \"We have to defend the interests of our country and businessmen, an FTA should benefit the Bolivians and not drain us,\" he said. Bolivia and the United States have already inked a framework agreement on trade, Choquehuanca said, calling for the United States to abide by the deal with mutual respect. Bolivia\'s export to the United States reached 661 million U.S. dollars in the first three quarters of 2011, according to the country\'s official statistics agency.